Modularization blockchain Avail market research analysis
远山洞见2024/07/23 10:19
By:远山洞见
Project introduction
Avail is an innovative project designed to address blockchain data availability and scalability issues. It enhances the efficiency and security of decentralized applications (DApps) and blockchain networks by providing a data availability layer of Modularization.
Avail's core technology architecture consists of three main layers: the Data Availability (DA) layer, the Nexus layer, and the Fusion security layer. Together, these layers provide an efficient, scalable, and interoperable platform for the blockchain ecosystem.
II. Project highlights
1. Modularization data availability. Avail adopts Modularization design to separate the data availability layer from the consensus layer, enabling different blockchain networks to independently verify and store data, improving the flexibility and scalability of the system
2. Efficient data sampling algorithm. Through advanced data sampling algorithms, nodes can verify their availability without downloading all data, greatly reducing resource consumption and time requirements, and improving data processing efficiency
3. Verifiable data availability. Avail ensures that all nodes can verify the availability and integrity of data without downloading all the data, which not only increases the verification speed, but also enhances the security and trust of the network.
4. Provide multi-chain support. Avail supports multi-chain ecosystems, enabling different blockchain projects to interoperate and work together on the basis of shared data, greatly improving the synergy effect and overall performance between projects.
5. High security. Through a distributed data storage and authentication mechanism, Avail provides increased security, ensuring that data remains intact and available in the face of malicious attacks or network failures.
III. Market capitalization expectations
Data Availability (DA) can be said to be a rising star in the industry and has become an indispensable part of the Modularization blockchain architecture. The core function of the DA layer is to ensure the availability and accessibility of data on the chain, enabling all network participants to use and verify data efficiently and securely.
In this track, several projects have emerged, such as
Celestia, EigenLayer, Near DA, and Avail. Although these projects are similar in goals, they differ in infrastructure stacks, execution routes, and incentive models. As a project dedicated to building an efficient Modularization data availability layer, Avail has a strong technical background and innovative capabilities, and has the potential to become the next hot target.
As the DA track continues to develop and mature, Avail is expected to occupy an important position in this field, and its market value is expected to rise significantly. For investors who follow the DA track, Avail may be a subject worthy of attention and research.
IV. Economic model
Avail has established a comprehensive economic model around its native token AVAIL to ensure the diverse uses and value of the ecosystem. Here are the specific distribution details:
Foundation 23.5%, TGE 20%, vesting cliff for 12 months, release for 36 months
Open Allocation 12%, TGE 100%
- Ecosystem R D 30%, TGE 20%, attribution cliff 12 months, release 36 months
Core contributor 20%, TGE 0%, attribution cliff 12 months, cliff release 25%, release 36 months
- Early supporters 14.5%, TGE 0%, attribution cliff 12 months, cliff release 25%, release 18 months
The uses of AVAIL tokens cover payment, incentives, governance, and staking. Tokens are used to pay for network services such as data storage and verification, while nodes and developers can receive token rewards for participating in network maintenance and development. Holders can also participate in network governance and influence the development direction and major decisions of the project through voting. Users can pledge AVAIL tokens to ensure cyber security and receive staking rewards. The specific mechanism is reflected in Avail DA, Nexus, and Fusion modules.
The Avail Nexus layer enables interoperability between multiple
blockchains by processing cross-chain transactions, facilitating collaboration and data sharing among different blockchain ecosystems. Overall, this comprehensive economic model ensures the security and stability of the network and encourages active participation by the community and developers
Team and financing
Anurag Arjun and Prabal Banerjee co-founded Avail, dedicated to solving blockchain data availability and scalability issues. Anurag is a former
Polygon co-founder with extensive experience in blockchain infrastructure development, focusing on zero-knowledge proof technology and the construction of the Modularization blockchain. Prabal was formerly the head of research at Polygon, and he has a deep background in blockchain data availability and Rollup technology.
Avail has completed multiple rounds of financing totaling $75 million. The initial pre-seed financing amount was $5 million, followed by a $27 million seed round led by Founders Fund and Dragonfly Capital. Avail recently completed a $43 million Series A financing through Cyber Fund and other well-known venture capital institutions. The funds will be used to accelerate the development of Avail's core products DA, Nexus and Fusion, supporting the scalability, interoperability and security of Rollup.
Risk warning
1. Although Avail has leading technology, it may still face challenges in Technology Implementation and Project Security in practical applications.
2. The blockchain gaming market is highly competitive, and MetalCore needs to continuously innovate and optimize in order to stand out among many competitors.
VII. Official Links
Website:
https://www.availproject.org/
Twitter:
https://x.com/AvailProject
Telegram:
https://t.me/AvailCommunity
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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